17.02.2014 - Technical view
Futures on the broad U.S. stock index S&P 500 consolidates below 1840. Because of celebration of President's Day in the U.S., we expect low activity in futures. Growth is limited in the area of historical highs in 1850. Correction is possible to 1820.
Nearest support levels: 1820, 1800, 1780
Nearest resistance levels: 1840, 1850
The price of EUR/USD has overcome strong level 1.3700, in case of fixing above this mark, we expect that the price will continue to rise and will reach the next significant resistance line at 1.3810. The nearest support level is 1.3680.
Nearest support levels: 1.3680, 1.3630, 1.3560
Nearest resistance levels: 1.3810
The price of the British pound reached the maximum for the period of almost 2 years. After the rapid growth there is a big probability of correction. The target price in this case will be at the levels 1.6700 and 1.6640. Growth is limited by the level of 1.69.
Nearest support levels: 1.6700, 1.6640
Nearest resistance levels: 1.6900
The price of USD/JPY keeps moving within the downward channel and is trying to fix below 102.00. In case of further decrease, the price can reach 100.90. Growth is limited by the upper boundary of the channel.
Nearest support levels: 101.50, 100.90
Nearest resistance levels: 102.60, 103.00, 103.50
The price of AUD/USD once again failed to overcome the strong resistance level at 0.9070 and started to correct. We expect the price to reach the level of 0.90. After fixing below 0.90 price will continue to decline to 0.8930.
Nearest support levels: 0.9000, 0.8930, 0.8900
Nearest resistance levels: 0.9070, 0.9160
The price of gold continued a rapid growth and reached $ 1,330 per troy ounce. At the moment, there is a high probability of correction. In case of reduction, the first target will be at 1310. Growth is limited by the resistance at 1360 dollars.
Nearest support levels: 1310, 1290
Nearest resistance levels: 1330, 1360